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Bassett Furn has the Lowest Return on Equity in the Home Furnishings Industry (BSET, ETH, FLXS, LZB, HOFT)

By David Diaz

Below are the three companies in the Home Furnishings industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Bassett Furn ranks lowest with a ROE of 779.5%. Ethan Allen is next with a ROE of 911.9%. Flexsteel Inds ranks third lowest with a ROE of 920.9%.

La-Z-Boy Inc follows with a ROE of 1,280.4%, and Hooker Furniture rounds out the bottom five with a ROE of 1,336.5%.

SmarTrend recommended that subscribers consider buying shares of Flexsteel Inds on October 30th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $16.19. Since that recommendation, shares of Flexsteel Inds have risen 7.3%. We continue to monitor Flexsteel Inds for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest return on equity bassett furn ethan allen flexsteel inds la-z-boy inc hooker furniture

Ticker(s): BSET ETH FLXS LZB HOFT